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The percentage of investors who own 25 or more different stocks is appalling. It is not this number of 25 or more which itself is appalling. Rather it is that in the great majority of instances only a small percentage of such holdings is in attractive stocks about which the investor has a high degree of knowledge.

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Lunch With Warren Buffett Fetches $2.63 Million

Posted in warren buffet News on June 16, 2010 by Administrator

Lunch with the billionaire and well-known philanthropist Warren Buffett has attracted a record auction bid of $2.63 million at the 11th annual charity fundraiser.

The winning bidder, who wished to remain anonymous, will have a chance to dine with Buffett at New York’s prestigious Smith and Wollensky steakhouse.

Buffett earned his title of “legendary investor Warren Buffett” after turning the textile manufacturer Berkshire Hathaway into a billion-dollar enterprise.

Full Story: http://www.theepochtimes.com/n2/content/view/37384/

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